Word: half-year
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...radio show was developed from his act in the current Broadway hit, Inside U.S.A. Shriner was originally hired to do a five-minute monologue, but, in the half-year run of U.S.A., he has gradually edged his monologue up to a high of 18 minutes. "I'm kind of long-winded," he admits...
...Corp., which recently agreed to lease over 3,500 of its basic patents (TIME, March 29), seemed to thrive on the reduced diet. By paring costs and concentrating on fast-selling dyes and photographic equipment, President Jack Frye (who runs G.A.F. for the Office of Alien 'Property) upped half-year sales 25% to $44.439,000, profits more than...
...Profits. Half-year earnings hit a new high, reported the Federal Reserve Board after a preliminary sampling of 629 industrial corporations. Their combined take of $2,136,000,000 was 23% over last year...
Puff, Puff. The big surprise was the railroads which, thanks to rate increases, were by & large chuffing along from slim profits into fat ones. For example, Baltimore & Ohio, with a half-year net of about $9,000,000, was up 73%. The Denver, Rio Grande & Western, with a net of $3,583,395, was up 260%. A major exception was Robert R. Young's Chesapeake & Ohio (see below), whose profits were nipped a third by the mine stoppage. Even the small, potato-hauling Bangor & Aroostook, which had not made money in any June since 1935, showed a profit...
However, a few industries were already feeling the effects of competition and the buyers' market. With the backlog in trucks about gone, profits fell for such smaller producers as Mack Trucks (down 50%) and Autocar (down 90%). Colgate-Palmolive-Peet's half-year profits dropped more than 50%. Bendix Home Appliances also felt a sag in sales, reporting a profit of $900,550 for the second quarter v. $2,565,-208 for the corresponding period last year. Profits of shoe companies were down; International Shoe...